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Profile
Localcoin
Website
localcoin.isNumber of employees
Not specified
Locations
United States
Markets
Description
LocalCoin is THE true democracy decentralized ecosystem where everyone is free to do what they want and say what they want. LocalCoin is not a company or a person, it is a community of people who shares the same libertarian values and freedoms.
Preferred payment options
Localcoin
Director of Finance
Canada
Canada
Full time
Office
ABOUT US
Localcoin, established in 2017, is dedicated to simplifying the process of buying and selling digital currencies worldwide from its Toronto headquarters. The company aims to mainstream digital currency by collaborating with top corporate and franchised retail spaces. Localcoin is currently the largest Bitcoin ATM provider in Canada with terminals also present in Australia.
The company values the widespread ownership of cryptocurrency and a profound understanding of blockchain technology. Joining their rapidly expanding team means engaging with a talented and dynamic group that encourages continuous learning, growth, and success in career development.
The ideal candidate is a proactive individual seeking an opportunity to refine skills within an innovative startup environment that prioritizes innovation, transparency, and strong team connectivity.
THE ROLE
The primary responsibilities of the Director of Finance will involve overseeing all financial operations to ensure precision, efficiency, compliance, and support strategic growth initiatives. Reporting to the VP of Finance, the Director will be responsible for managing accounting procedures, budgeting, forecasting, and optimizing cash flow. Moreover, the candidate will assist in market expansion efforts and evaluate the performance of cryptocurrency ATMs. A crucial aspect of this role will be to cultivate and guide a proficient finance team, promoting a culture of accountability and forward-thinking to contribute to the company's sustained success.
WHAT YOU’LL BE DOING
Financial Operations
Spearhead day-to-day accounting operations
Supervise the month-end and year-end close processes meticulously to maintain adherence to regulatory and accounting standards
Optimize cash flow management and identify efficiency enhancements
Introduce cost control measures and streamline accounting operations by implementing process enhancements to reduce manual tasks
Coordinate external audits and prepare vital documentation for tax filings and compliance reviews
Financial Planning
Assist in the quarterly and annual financial planning encompassing budgeting, forecasting, modeling, and long-term strategic planning
Collaborate with senior leadership to establish ambitious financial and strategic objectives for both the short and long term
Strategic Initiatives
Support expansion efforts such as entering new markets and the introduction of new financial products
Assess the financial performance of cryptocurrency ATMs and propose enhancement strategies
Work alongside internal and external partners to improve financial systems and processes
Team Leadership & Development
Establish, lead and mentor a high-performing finance team to bolster company growth
Encourage a culture of collaboration, accountability, and innovation within the finance department
Compliance & Risk Management
Guarantee compliance with all regulatory mandates, tax filings, audits, and other statutory commitments
Implement internal controls to uphold asset safety and mitigate financial risks
Engage with legal and compliance teams to navigate the regulatory landscape concerning cryptocurrency transactions
WHAT WE’RE LOOKING FOR
Education & Experience
8+ years of progressive accounting experience, with a minimum of 3 years in a leadership position
At least 2-3 years of experience in a Controller or similar leadership role
Bachelor’s degree in Accounting, Finance or a related field (CPA designation strongly preferred)
Sound knowledge of financial management principles, accounting standards, and industry best practices
Proficiency in finance industry software including Microsoft Business Central, Prophix, Microsoft Office, Google Workspace, and expertise in Excel
Previous experience managing accounting functions across multiple countries, to ensure compliance with local regulations, tax laws, and financial reporting standards
Nice to have
Familiarity with Jira for financial project management, workflow automation, and cross-functional collaboration
Personal Attributes
A strategic thinker with exceptional problem-solving skills
Strong oral and written communication skills
Outstanding attention to detail
Strong organizational and time management skills to handle multiple priorities
Exhibits humility, determination for growth and rational decision-making
Demonstrated leadership capability with the capacity to mentor and inspire a high-performing team
WHAT YOU’LL LOVE ABOUT US
Competitive Salary
Health & Wellness Benefits
Hybrid & Flexible Office Environment
Professional Development
Regular Standups, Demos, and Monthly Socials for team alignment and connection
Localcoin is committed to forming a diverse team representing various backgrounds, perspectives, and skills. The more inclusive and diversified the team is, the more enriched our work will be. Bring your passion and expertise, just as you are.
If you need accommodation at any stage during the recruitment process, please notify your talent team or send an email to the provided address.
Localcoin, established in 2017, is dedicated to simplifying the process of buying and selling digital currencies worldwide from its Toronto headquarters. The company aims to mainstream digital currency by collaborating with top corporate and franchised retail spaces. Localcoin is currently the largest Bitcoin ATM provider in Canada with terminals also present in Australia.
The company values the widespread ownership of cryptocurrency and a profound understanding of blockchain technology. Joining their rapidly expanding team means engaging with a talented and dynamic group that encourages continuous learning, growth, and success in career development.
The ideal candidate is a proactive individual seeking an opportunity to refine skills within an innovative startup environment that prioritizes innovation, transparency, and strong team connectivity.
THE ROLE
The primary responsibilities of the Director of Finance will involve overseeing all financial operations to ensure precision, efficiency, compliance, and support strategic growth initiatives. Reporting to the VP of Finance, the Director will be responsible for managing accounting procedures, budgeting, forecasting, and optimizing cash flow. Moreover, the candidate will assist in market expansion efforts and evaluate the performance of cryptocurrency ATMs. A crucial aspect of this role will be to cultivate and guide a proficient finance team, promoting a culture of accountability and forward-thinking to contribute to the company's sustained success.
WHAT YOU’LL BE DOING
Financial Operations
Spearhead day-to-day accounting operations
Supervise the month-end and year-end close processes meticulously to maintain adherence to regulatory and accounting standards
Optimize cash flow management and identify efficiency enhancements
Introduce cost control measures and streamline accounting operations by implementing process enhancements to reduce manual tasks
Coordinate external audits and prepare vital documentation for tax filings and compliance reviews
Financial Planning
Assist in the quarterly and annual financial planning encompassing budgeting, forecasting, modeling, and long-term strategic planning
Collaborate with senior leadership to establish ambitious financial and strategic objectives for both the short and long term
Strategic Initiatives
Support expansion efforts such as entering new markets and the introduction of new financial products
Assess the financial performance of cryptocurrency ATMs and propose enhancement strategies
Work alongside internal and external partners to improve financial systems and processes
Team Leadership & Development
Establish, lead and mentor a high-performing finance team to bolster company growth
Encourage a culture of collaboration, accountability, and innovation within the finance department
Compliance & Risk Management
Guarantee compliance with all regulatory mandates, tax filings, audits, and other statutory commitments
Implement internal controls to uphold asset safety and mitigate financial risks
Engage with legal and compliance teams to navigate the regulatory landscape concerning cryptocurrency transactions
WHAT WE’RE LOOKING FOR
Education & Experience
8+ years of progressive accounting experience, with a minimum of 3 years in a leadership position
At least 2-3 years of experience in a Controller or similar leadership role
Bachelor’s degree in Accounting, Finance or a related field (CPA designation strongly preferred)
Sound knowledge of financial management principles, accounting standards, and industry best practices
Proficiency in finance industry software including Microsoft Business Central, Prophix, Microsoft Office, Google Workspace, and expertise in Excel
Previous experience managing accounting functions across multiple countries, to ensure compliance with local regulations, tax laws, and financial reporting standards
Nice to have
Familiarity with Jira for financial project management, workflow automation, and cross-functional collaboration
Personal Attributes
A strategic thinker with exceptional problem-solving skills
Strong oral and written communication skills
Outstanding attention to detail
Strong organizational and time management skills to handle multiple priorities
Exhibits humility, determination for growth and rational decision-making
Demonstrated leadership capability with the capacity to mentor and inspire a high-performing team
WHAT YOU’LL LOVE ABOUT US
Competitive Salary
Health & Wellness Benefits
Hybrid & Flexible Office Environment
Professional Development
Regular Standups, Demos, and Monthly Socials for team alignment and connection
Localcoin is committed to forming a diverse team representing various backgrounds, perspectives, and skills. The more inclusive and diversified the team is, the more enriched our work will be. Bring your passion and expertise, just as you are.
If you need accommodation at any stage during the recruitment process, please notify your talent team or send an email to the provided address.